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26 January 2025 | 2 replies
I would prefer to sell the property vacant or the easiest less stressful way as possible, however I was advised that could deter investors buyers interest as the rental income is a one of my strong selling points.I am open and would appreciate any thoughts and/or suggestions from fellow agents or investors alike.Thanks
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25 January 2025 | 1 reply
Pro Tip: Ask an insurance agent what your rate will be before you make that offer.
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8 February 2025 | 7 replies
Some lenders will fund 100% of the deal + renovations if you are experienced.Wholesaling is possible but be mindful that it is a business, you don't make any money until you can persuade someone to sell their house and then to find a buyer.I personally think its easier to be an agent, still a business but there should be people teaching you and you have more of a reputation when talking to sellers.
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26 January 2025 | 0 replies
The asking price was 125,000 and after I did a walkthrough with my agent I offered 100,000 because the house needed some serious work done.
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1 February 2025 | 1 reply
Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant.
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17 January 2025 | 2 replies
Speaking with the seller's agent, all the tenants are current on rents and pay rents on time.
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24 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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18 January 2025 | 17 replies
Can anyone suggest and agent or property manager that can help me with this?
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21 January 2025 | 14 replies
I don't know about your state but mine (TN) has a lookup tool that will show you the agent's original license date, the brokerage incorporation date, etc.
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9 January 2025 | 15 replies
@Ken Sanders Here in central PA you could use S&T Bank and Members First Federal Credit Union can offer both Lines of Credits based on equity you have on an investment property (80% LTV) as well as business lines of credit.